Listed by Petra LLC
$751,727
5900 E Central Retail Investment Property
Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 7,945
Net Rentable (SqFt) 7,945
Units 3
Cap Rate 6.80%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $95
Class B
Year Built 1968
Year Renovated 2020
Buildings 1
Stories 2
Acreage 0.720
Zoning LC
Parking Spaces 38 spaces
Parking per 1,000 SqFt 4.78
Investment Type Stabilized
Ownership Petra Kansas LLC
Sale Condition For sale by owner
Retail Investment / 7,945 SF
Marketing description
3 Tenant Investment Property available for purchase. It's prime location, good building condition, and stable tenants make this a quality asset for any real estate portfolio. Financial reports available.
Investment highlights
Located in well established retail corridor in Northeast Wichita
20,000+ vehicles per day travel along this section of E. Central Ave
$97.55/SF purchase price allows room for upside potential with future rental rate increases
Multiple reinvestment projects in the area indicate significant value improvement will occur
Listing Contacts
Listed by Petra LLC
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